Sensex rises in line with Asian peers; banknotes withdrawal weighs

Indian shares rose on Wednesday, in line with Asian peers as a pause in the global bond rout and rally in the dollar lifted risk sentiment, while cooling retail inflation back home bolstered the chances of a rate cut next month. "The stabilisation we see today is a reaction to the broader global sentiment, but the recovery is likely to be temporary and we can expect some volatility shortly." Asian shares won a reprieve from a rally in Wall Street shares as the sell-off in global bonds and sharp